Stocks recently sold: ARQQ, BE, CMI, DOCU, EMR, EVR, FSTR, FVRR, IONQ, LITE, LNG, LOGC, NWL, PAYC, PCOR, PETS, RBOT, RDW, RH, SITM, SNBR, TCMD, TTD, UPST, UPWK, VICR, VIRT, YETI, ZWS
It was a pivotal week to say the least. A lot of patterns formed indicator signals of weakness, and meeting the criteria to sell on the model. Most all of the stocks triggered at the stop sell set forth last week. There were some that were triggered by a change in pattern.
ARQQ sold at stop sell price of 27.01 when it dropped to a low of 26.93 on Thursday 12/19. I’m sure there will be another buying opportunity, however, a couple pattern features need to occur before the buy back is triggered on the technical analysis model.
BE sold at target sell price of 23.03 on 12/18.
CMI is a stock that is showing too many bad pattern attributes, including a 10D line that has some sharp corners for change in direction and a 3-month horizontal period. From mid-July to 10th of December, the stock had a steady stable growth pattern in both stock price and the 10-D lines when plotted on a 1-year chart. However, since then, the stock price has formed a vertical line decline below the 50-D and does not appear to have much growth potential in the near term. Best thing to do is buy back when the entry shows signs of near term strength.
DOCU hit it’s most recent stop sell of 92.64. EVR sold at it’s latest target stop sell price of 271.04.
EMR hit a sell trigger that occurs when the 10-D line first declines at an angle that is less than 25 degrees from a vertical line intersecting 10-D on former trading day. On 12/18, the 10D declined at a steep angle (10D plotted on a 1-year chart, 1-D increments), triggering a sell trigger after market close on 12/18. On the same day, ZWS had a steeper than 25 degree decline, triggering a sell signal on the Ludicrous technical stock model. When following the model closely, the process would be to enter a market sell next day on 12/19.
While IONQ also hit it’s trigger, there does appear to be momentum still left. I’m waiting for the stock to stabilize from the recent big vertical spike changes in stock price to buy back.
YETI sold at market open of 43.56 on 12/16, with a stop sell set to 43.77.
Sell Now Triggers: AAON, DLR, EME, MTLS
Stock Model Recent Buy Triggers: EHTH, EOSE, GRR
New Buy Now Triggers: NTRP, WK
Close to Buy Triggers: AKAM, ALLK, ASLE, CRCT, CRNC, DAVA, ETSY, IDN, LCID, LULU, LUMN, MXN, NVST, NVT, PATH, PLUG, QBTS, QDEL, QLYS, RAMP, SNAP, SNOW, SYNA, TBLA, TDC, TDOC, U, ULTA, VCSA, VREX, VSTS, WW, ZD
Current model owned stocks (stop sell price):
Updated stop sell orders calculated from technical analysis model output.
AI (32.68), ALGT (68.98), AMBA (66.28), AMZN (203), APP (309.56), AVGO(207.71), AZ (5.49), BILL (82.32), BKNG (4582.59), BSX (82.95), CEVA (26.15), CSV (35.14), DASH (156.98), DBX (25.96), DUOL (302.42), EOSE (3.34), ESOA (14.61), EXTR (16.03), GDDY (173.34), GRRR (9.76), HBI (7.45), HUBS (657.95), ISRG (494.22), KRNT (30.48), MVST (1.12), NVCR (27.41), OLO (6.09), PLTR (41.62), QTWO (90.75), RCL (212.63), SHOP (93.44), SOUN (7.79), TBRG (17.51), UI (303.33), WAB (183.82), ZM (74.48)
Quantity of current Holdings: 40 (Stock Model Portfolio 44% Equity before new transactions)
Less: New Sells -4
Plus: New Buys + 3
New Stock Quantity 38
Market Timing Model Status Update What a topsy turvy week that was with the reduced interest rate reduction outlook in 2025 with a possible interest rate bottom. While the 10D decline rate really came close to a sell out of equity index and move to cash position on Wednesday, the 10D decline rate managed to stay above the target sell line. Market status is green.
Happy Investing,
Ludicrous Returns